I have doubts china will be as powerful as you think it will be. most of the chinese economy is supplied by western investments and it's these western investements that is keeping your economy booming, china is just slave worker to these investments, china does not produce anything of unique economic value and not to mention china would not be anywhere if it weren't for the west.
The Most Powerful WEAPON the Jews have is the JESUITS, they started the JESUITS in 1526, see JESUIT OATH 1540 it Matches The PROTOCOLS ELDERS of ZION make Copies pass them Out
They have CONTROL of the METHODIST CHURCH its in the CONGRESSIONAL RECORD see Methodist Professor Harry F Ward
Have the WORLD DRUGGED with a TOXIN in their BRAINS deliver thru Soft Drinks, its HEXAFLUORSICILIC ACID see them change the Name to Sodium in film PROFESSIONAL PERSPECTIVES at wwwFLUORIDEACTIONnet & ALERTorg
When the crunch comes I guarentee China will do what Margaret Thatcher did in the UK, sell off the nationalized infrastructure to for-profit corporations for quick money. They're already halfway Capitalists, it's not like their leadership's Communist "morals" would get in the way of cash. It's a shame the only way China will ever see liberty is by overthrowing the 300+ million Communists.
Well... "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."
@kensei85 Not to argue as I am trying to debate your point. One has never been a democratic country. It has been under totalitarian rule for over 5000 years and that will not change. If you or others can prove we have been at any point in history, I am eager to hear. Going forward, we will not be Democratic either. Opeining up in trade and business means nothing from a political perspective. Our past dynasties have always done it. As for bribes and sucking up to cash, really? Continued
@kensei85 As you mentioned, that problem existed for Brits, not China. In the old Mao days, you would get executed just for mentioning selling off national interests to private organizations. Today is no different, but without the killing. Do some research and see that all 4 major banks in China are still owned by the state. It is an illusion of capitalism when it is actually relaxed Communism (if it exists). US liberty has dragged them down to last place globally in revenue. Continued
@kensei85 And the US allies are right there with them in the bottom 150-185. Too much liberty in the US has made them decadent. There is no respect to elders and communities, and the US are involved in costly projects and wars which equates to no real value domestically and abroad. $8 trillion between 2 presidents with $5 going for wars. In the old days, you would have gotten land and spoils, what did the US get? You know, we execute CEOS for embarrasing China in selling bad baby formula, US?
@forgottenmemories63 Are you still thinking of the Communist regime that were led by the Russian leads and were forced to adhere to their visions? Or are you talking about hte Communist Party leaders since Deng Xiao Ping who risked their lifes against the military followers of Mao after his death to make changes to national policy, leadership, and economic reform? You can never imagine a free China because it will never happen. We were ruled with an Iron fist with open trade values for 5000yrs
@forgottenmemories63 Not to offend, but I hope you are not one of the goofballs on here still watching 1960s Mao propaganda fims and think that is WHO we are today. We have the biggest economy, yearly revenue at +$256B avg, biggest dam, biggest military, and so forth. So Communist still sucks? BTW, we had a 150 years late start after all them European nations and Japan fucked us when we were weak. Revenge is a dish best served cold, and right now, you are only seeing the preparation part.
By dollar amount the US manufacturing is greater than China and japan combined,please check if you doubt.....American company's make high end product where as the Chinese make products for the most part that are low profit goods...
Multi-national corporations are so excited about China boosting it's own domestic economy. So what? Good luck competing with their directly supplied, cheap labor companies AND a protectionist government that's not going to let foreign companies take over. They can afford to hire their own scientists to make their own hi-tech goods and not have to worry about complaints about foreign patents. Whoooopdi doooooo!
China's rise to prominence should not be a concern to the rest of world. China has not export hunger, revolution nor interfere in other natios' internal affair. China has established no military bases or stationed troops outside her own territory.
China has launched no war of aggression like some super power does.
China's population is the largest...largest economy...economy of scale....scales weigh things...things can kill Americans...AMERICANS WILL BE KILLED BY CHINESE!! AHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!
The largest Manufacturer is still the US Accounting 20% of world's manufacturing. China is only 15% right Now. Your point may be more valid if China's manufacturing surpasses the US, which may happen in a few years. However a lot of the services US provides are actually very important, such as aerospace research & development.
@Ziopathical LMAO oh this just keeps getting better and better, Germany was forced into the war, according to Pat Buchanan huh? The pitchfork carrying dick told you that did he? You honestly believe that? Whos fault was it....let me guess the JEWS right? Please tell my HOW germany was forced into war? I cant wait to hear this
@envanje And you live in Belgium and are taking the Nazis side? LMAO Did your mom get her head shaved as a collaborator after the liberation? Just curious...then tell us all the lies in ww2 history....want too hear it form a traitors families side.... BTW my great Uncle and his friends liberated your country,,,,,your welcome
the women who had their had shaved were merely the victim of halfhearted nazi collaborators who only changed sides at the ultimate moment to avoid vengeance upon themselves. to beware themselves for that they formed mobs that harassed women who during wartime fell in love with a german soldier or often just to settle an old neighbour disagreement.
my father was forced to labour as a POW for 15 months in Germany. my parents fled two times for heavy fighting, once when the germans took over, once when british - polish - canadian troops took over. when they returned the first time to their home nothing was stolen, when they returned the second time everything was stolen.
my parents never forgot to see the passing soldiers as vulnerable human beïngs, no matter in what uniform they were dressed.
Ok everything I own comes from china But they do not have quality companys? They have copied every record every piece of clothing every Rolex and they pay no royalties and not a care about pattens. They have tons of gold, silver, coal, oil etc etc and can use it. We have 200 trillion of dept and cannot use our resources and the smartest people in the country the baby boomers are leaving the main stream to retire. We have tens of millions of un educated Mexicans to replace them. What a joke.
China's economy is a third of the size U.S.. If the U.S gets out of the dumb ass wars, build more nuclear plants and stop giving to other areas in the world China will never catch up
Chinese are quickly using up their forces. Soon America will need to produce itself again. Good remedy for that is "justice and equality" for all. Yes, labour should be well remunerated and wealth divided on a justified base.
Poverty in China is getting less. They are not poor anymore. Don't compare your salary with theirs. In China, with Euro 500 a month has a better life than Euro 1,500 in Europe.
If you have Euro 1,500 a month in your country, and your brain is like a size of a tennis ball, then you will think that Chinese are being paid so so so cheap. In fact, they live better than you there.
Chinese workers sacrifice themselves to produce excellent products that us customers buy at dirt cheap price. During the process of manufacturing chinese worker cope with pollution. Americans should be grateful to Chinese for dumping their pollution to china.
are you a Chinese worker yourself, I mean someone who is really working 12 hours a day for 300 $ a month, sleeping on the factory floor at night and coping with the polution yourself ?
if not, you are not qualified to speak in the name of Chinese workers.
Communism under Mao was a mess, but he did what he thought was right in keeping ancestral lands cheated away by foreigners through re-invasion and by force if necessary. However, his successors all did the opposite as they knew the USSR-type of governance will not work. We are opening up my friends and we are far from perfect. However, reserve your bashing please. Until the US starts executing CEOs for making fatal mistakes which kills consumers, then you can judge us on human rights. Thank you.
To all. I am not here to convince you about China being good or bad or is the biggest or smallest in anything, but to merely state facts and hope you understand. China has been an arrogant nation for thousands of years. That arrogance did us in with foreigners who pretended to be friends only to have exploitation and domination in mind. For the last 200 years, China through an Oxford Study in 2007 (OXDE:235L) lost approx $4.3T in assets and 92.45 million in lives due to foreign intervention CONT
China success is due to slaves labor or to be more polite "Sweatshop",that obvious,the US did the same thing with the Black the only different is the Chinese government pay they peoples a minimum wage.
You can't compare salary in western to those in developing countries. Wages in China are still more than those in India, Vietnam, or Indonesia.
US$300 a month in China has a better life than US$2,000 a month in western countries. It's not that they pay minimum wages there, but the truth is that the cost of living in your country is too high.
@Ziopathical Nice wallpaper on you site, so i see your an anti semite loser, so how did we force germany to make either of its decisions to enter a war, tell me? How did we entice the Keizer or your obvious hero Hitler to go to war? Enlighten me about the actual history....escape the clutches you make me laugh dick. Tell us how germany was the victim while it invaded it neighbours and set up the camps..... you probably claim rape victims had it coming too right?
Ending imports from China, will not save America, but will put America into deeper crisis. Why?
Because when you end imports from China, the first things that are going to happen in USA : a roll of toilet paper = $50, a piece of working T-shirt = $100, the cheapest dining table = $2,500, etc. These will trigger people demand for higher wages, and US' products will become too expensive.
Then China will also ends import from USA, and your exports will plunge.
@halim181276 A few facts. In 2006 America let in 256 billion worth of goods from China. China let in 56 billion of goods from America. A TV made in America sells for 500 on the shelf and cost 350 to make. The worker has health care and a living wage. The same TV made in China is made for 50 bucks yet sells on the same shelf for 500 bucks. The worker made nothing. Dont buy Wal Marts bullshit.
Most China imports are technology products, and US' imports are cheap products, which can't be produced in US because will be too expensive.If you stop imports from China,then the companies (wal mart to wall street) will import from India, Vietnam, or Taiwan, etc. That won't save you, it's just a shift from China to other third-world countries. Otherwise you put down the liberty statue and force all US companies not to produce elsewhere but only in US.
@halim181276 What China imports from the USA is made in China. USA owned plants in China, making goods with low cost labor. If you think China is still making "cheap products" then you know little of China. Nothing made in the USA is too expensive. Goods are made with cheap labor so the scum on Wall Street can get rich. The USA made its own goods for years and did just fine.
@halim181276 Wal Mart already puts pressure on labor in China to work cheaper. So much so that Wal Mart is not allowed in some factorys. The days of Wal Mart are comming to an end. Its a matter of pain. At some point the worker in America and their familys will demand massive changes to trade policy. How much pain the masses are willing to take (unemployment, decrease health care) will dictate when it happens.
@halim181276 A shift to another piss poor labor market for goods would be just more of the same. US companys can make goods anyplace they want. The goal will be to prevent their sale in America. New companys will fill the old shoes. The faster America gets flushed down the toilet, the faster we will see import law changes.
You sound like a socialism. Look, what you want, which is to close all imports door (not only from China, but the whole third-countries), is a very inappropriate way of business. You just considering a selfish advantage to yourself, but you never consider what will happen to other companies that have businesses in developing countries (mcdonald, kfc, GM, ford, etc). This will trigger a trade-war, and will deepen further the world economy crisis, then banks and shares will collapse.
@halim181276 America has trade deficits with every country on earth. America has already lost its footing when it comes to trade. Hit the books kid. Less radio.
The problem here is that America has a big consumption, and the cost of production is too high. In one way, they can't produce cheap daily products (shirt, shoes,etc) compare to third countries; but the other way, their hi-tech products also can't compete with those from German or Japan.
America is only good in making weapons and movies. So if the import stops, cost of living will go up, export plunge. And people like you, who only know how to complain, will keep complaining again.
@halim181276 Your comments show a lack of understanding. You have a view of trade that means nothing. Your knowledge of Wall Street and why jobs move offshore is ZERO. Your knowledge of trade is Zero. I can turn on the Radio and hear your veiw all day. A view that is paid for by the Multi-Nationals, Wall Street and the Chinese Lobby on K Street. Like I said - Hit the books kid. Less Radio. Agenda is not opinion.
You are too smart that you wanted to change the ideology of your country. Are you trying to be hypocrite, double standard? What you wanted, were all against the capitalism. Free trade? You wanted a protected trade. When you can't compete with other countries, all you can do is shouting to your government to clear the way for you; Instead of improving yourself.
You sound like hating those wall street guys. Remember, they also pay tax like you, and i think they pay way more than you.
@halim181276 I will go to work today and ask my boss to cut my pay to 300 a month, increase the work day to ten to twelve hours, increase the work week to 6 days, stop all medical benfits, remove all safe guards from the equipment, dump tons of toxic waste into my drinking water and maybe if I am lucky the Boss will let me sleep on the factory floor tonight. America does not need this RACE TO THE BOTTOM!!!
It's true that American can build anything, but the question here is that can they build cheaper than China, or better than German or Japan?
You call it cheap labor, because labors in USA earn $3,000 a month. Labors in China earn $800 a month. But remember, in USA a lunch will cost $6, while in China only $1. So you need to take out the quality instead of quantity in the comparison.
@halim181276 I dont think anyone builds or can build anything better then Germany.
But there is no way China can continue to build with the cheap labor. Its simple just think about it when a someone sees there neighbor getting nice items they want it to. You go and ask for a raise or in the Chinise case you kill yourself.
They got where they are at due to cheap labor its that simple and it will soon be gone.
@assoonas1 its idiotic to see China's economy as "cheap" labour. biggest population=the biggest domestic market. CHina's regulated state capitalism means that targets are meet with efficiency. China is the top 10 exporter in ICT and high-tech sector. yes Chinese companies are less innovative than other developed countries' but this is only a stage of development. China's car maker Geely bought Volvo it will not be long when Chinese cars will be quality heavy and innovative car producers
@obsidianstatue its idiotic not to. China has huge cheap labor you can throw whatever BS you want to its a fact. China's econmy is a 1/3 of the U.S. but growing at a rate that is unreal. They are the Big Red Machine that part is true.
@assoonas1 unreal? China's advantage is not ONLY that China has a hunge working force also China has a well regulated system that is the most efficient which obviously scared u so much calling it "unreal" China also has one of the world's most robust industrial foundations and infrastructures. in a few years time China will have comparative advantage in both quality and quantity.
@obsidianstatue huge cheap labor force that is slowly becoming not so cheap. I'm sorry I confused you into thinking I'm scared but that simply is not the case.
China is great and there is little any country can do about that. The only issue I have is when people come on here and bash the country that is still the largest econmy in the world even with all its problems.
@assoonas1 its ingnorant to say that China is going to sit still and do nothing while losing its comparative advantage in cheap labour(which is not, there are tens of millions of interior CHinese who would supply the huge labour force). we are already seeing the transition from cheap labour to high tech export(electonic products, car making, weapons export..etc) in years to come China will have the advantage in cheap labour from interior CHina with high tech exports in the coastal regions.
@assoonas1 the problem with america is its unregulated market where greedy corporations are free to lobby the government, and privatize the profit and socialize the losses. its this nature of usa economy that is the problem where greedy capitalist will do anything in their power to seek maximum profit while disregarding the welfare of the people. detroit the rust belts of america is a good sign that says "greedy capitalist has been here"
@obsidianstatue On this one we are on the same page. I'm from that area and seen my fair share of good times as well as the bad that we are facing. Greed and over paid unions have caused the down fall of Detroit. You can not compete when you are are paying a man $34 a hour to put a screw and all day. We won't even talk about the crazy retirement package.
@assoonas1 Dear Youtuber, I must commend you on your perspective and professionalism. US certainly have their econoic and political woes, but they still lead in many industries which China can learn from. As a Chinese citizen who also have an American citizenship (by marriage) I can say throughly enjoyed the hospitality that both countries have shown and provided me. Idiots love to compare, but rarely know history and circumstance. This world's small so lets hope we can achieve good for all.
@halim181276 Labors in China at a Toyota plant that just finished a strike now earn 300 a month. That is a high wage. 800 is a dream figure. The 300 a month is at a "Front Factory". The labors at the factorys that do not get inspected earn less.
Hit the books kid. TURN OFF THE RADIO. You cant run with the big boys if you have not done your homework.
Toyota is not the only factory in China. Strike happens everywhere. We have to speak generally. Nobody dumps toxic waste in drinking water. I have a business in China. What you talk about here, is what you hear from CNN, just like CNN told American last time that there were WMDs in Iraq.
Listen, wages in China is one of the highest in developing countries. You can't compare to US. Developing country must be compared only to other developing country.
@halim181276 1- I know there are more factorys than Toyota. 2- I know China has lots of strikes. 3- I do not watch CNN. 4-Wages start at the bottom, any increase is a
plus. That does not change anything. Americans do not need to destroy the social contract to compeat with China.
Even in Britain today, strike is still happening in British Airways. It has happened for months. The strikes in China have ended. In your opinion, is very simple. When you see one river in China is polluted, then you will claim that the whole water in China is polluted. When you see one or two factories in China have strikes, then you claim the whole labors in China have problem.
Try to go to China, and it will open your mind and vision.
@halim181276 Its not about China. Its about American CEOs using overseas labor that has no social contract to increase profits at the expence of a Nation.
That is CAPITALISM. They will shift the production everywhere in the world, where production cost is cheaper, and the politic is stable enough for their long term view; Then ships the products to where the demands are.
The only way to stop these people, is to change the ideology, then make a regulation for them, that YOU CAN ONLY produce things in US.
But that is a bad idea, very bad, cause every country in the world then will do the same. The world will become smaller and smaller.
If you don't like wal mart, then don't buy things there. If you don't like a shirt from third countries which costs $20, then you can go to a shirt from the first world countries, like LV ($300), Gucci ($300), Hermes ($500), etc. Many choices for you. America has 400 million people, when you don't want to shop in wal mart, doesn't mean everybody must do so. That is the point from the statue in New York.
Chossudovsky is right in term productivities and the fact that US economy "GDP" calculation is a misnomer because US economy is 70% based on Consumption and the other 30% consists of services in government sectors and Wall Street "casino" derivitives. Thus the size of US economy is calculated as
GDC + GDS&G
(gross domestic consumptions + gross demestic spending and gambling)
But China ain't no. 1. Who wants to amass and hold trillions of yuans of RMB of communist money?
The United States is fucked! This idea floating around that we cannot possibly collapse because we're such vast consumers is absolutely batshit insane!!! China would be pretty damn ignorant to allow a country of consumers to owe them & lend them vast amounts of money & at the same time continue selling them products. That's like borrowing money from people every time a gift purchase for them is required, like mother's day, wedding, bday, etc...
@ptolemy008 Well Ptolemy despite your name you show little widsom. Slave labor, environmental abuse and forced abortions and sterilized are the hallmarks of the new China.
@mattlewis66 Well who ever you are, you are severely misinformed of what China is really like. You have not even been to China I presumed. Quick judgment is the very sign of ignorance and gullibility. You even say that the US "upholds" human rights. Anybody who lives in the middle east will tell you the contrary. You really need to go to these places first before you make your judgment. And find other information sources because yours are misinformed or just plain lying, BTW it's Ptolemy 1 Soter
the science of economics is a disaster. the measure of the physical economy doesn't exist as far as I know. It's the physical economy stupid! Of course China is the largest physical economy in the world.
china manufactures and produces. they have millions of slaves. they have deca millions of men that they have no use for. The USA govt sold it's people and its country out. To even speak of war with china is stupid. They won it a long time ago through stealing, bribing and spying. Plus, the USA govt gave the store away.
for example, china refines the isotopes and elements used in many "american" high tech weapons. USA has no such facilities. war? all china has to say is no and usa has nothing.
Well, considering they use essentially slave labor, and our labor unions are beyond corrupt, demanding huge benefits and paychecks for doing menial labor. It is pathetic really, how much our unions handicap our economy.
As a majority owner of US tbills, china owns the US now. The US economy will collapse if Iran is attacked.When the dollar collapses the creditors will come collecting. China lending the US credit was purely a business move. The US invested in china during the 80's to take it over. China learned a lesson and did the same to the US. China can destroy the US just by dumping their tbills and wind up with ownership in bankruptsy court.
What is manufactured and how many commodities the country holds in my view determines its GDP. Printing money out of thin air does not count as it is fake.
Ha! By 2020 China will be deadlocked in world war III with Russia over Siberia and the Far East, while the USA will make a bundle selling weapons to both parties.
normal handling of crisis is that after a screening of the credibility of banks the CEO's get even paid more afterwards as the scandalous bonuses they already got before.
@xxReaverXXCerberusxx Also the PRC is also the second strongest military power now leaving the Russian Federation in third if there were a conventional war, we'd be sort of on the same level since the U.S. has quality manufactured vehicles as well as aircraft and the PRC has quantity over quality and higher production output, but what are the odds of that happening after all our economies are mutualistic and winning only depends on whose got better strategy, or willing to push the big red button
If world's largest economy has anything to do with what country gets to police the world, then I'm not worried. Rather China that the US. Hell, rather North Korea than the US. :D
I'd prefer nobody be putting their nose where it doesn't belong, but of course the US would be better than NK if I have to choose one. Don't trust the US very much though for their dark history.
@piip4 What part of their dark history are you refering to? The part where the americans helped defeat the Nazis when you were occupied in ww2? Typical ungrateful eurotrash douchbag
You don't know much about US history! Your arrogance and greed are your downfall. When china becomes top dog it won't bail your ass out anymore, nor will anyone else for that matter. The US built china and allowed itself to burn! You're a slave and don't even know it!
Canada is one of your creditors dumbass! Thanks to clinton bush and obama your tbills are backed by all your resources! When your dollar collapses, us creditors will come collecting! If you're nice maybe we will let you shine shoes! If not, Masta says you will be a ditch digger!
Obviously you're not interested in a serious debate if you come with arguments like that, and why the insult? Hard to accept your country having a dark history?
I'll mention a few but I'm surprised I have to do that. Is the education so lacking there?
Pretty much everything about Vietnam and the current reminiscent war. "Bay of pigs", Iran coupe 1953 (dictator installed), Guatemala 1954(same), Indonesia 1964(same), Cambodia 1970(same), assassination of pres. Lumumba, political scandal after scandal yet perpetrators run free (aka lawlessness). Need I mention TORTURE? Hard to find a country with more dark history yet so young...
@piip4 What about Vietnam? When has my country been accused of torture? What did we have to do with the revolution in Iran or the attempted removal of Castro? Your pulling these accusations out of your ass? Telling me I need an education, your a lil confused yourself
I'm not confused anymore. I thought I was still debating the united statetian. You butted in and I didn't check that the nick had changed and now you're just playing along with it. Possibly because you wanted to make some point about the "ass pulling". That's great and all, but I was trying to be more serious.
@piip4 You need to get off Chossudovsky's dick. Did he forget to tell you about how Eastern Europe, North Korea, Venezuela and Iran are raped by communism? Did he also forget to tell you about how China imprisons political dissidents like Liu Xiaobo? No? Of course not, you're too busy sucking him off.
That's why I love the internet, everyone is so pleasant to talk to. Nobody seems to be able to make a point without throwing an insult or two in the mix. It's funny that. I was once like that but I'm trying to change.
At this point, anyone can pass the US economy. We are TOTALLY busted. Most Americans are so dumb down and programmed they have no idea what is going on. The rest of the world knows it is over for the US, but the bankers still print worthless paper and the government keeps sucking the marrow.
It's funny to hear about "Chinese slave wages", human rights, etc. Well how do you think most Western nations' economies function? Why do you think they still let in immigrants?
The USA uses Mexican illegal immigrant slave labour to grow their GMO foods which you chumps gladly eat up and are dying of. Boycott for your own good American food. There are constant food safety recalls in the USA. The USA uses literally millions of chemicals in food that are BANNED everywhere else in the world.
@harveybirdmannequin Mexicans only harvest the food..... May U.S. immigrants are Doctors, professors, teachers, and other labor workers. You are so foolish to feel that Mexicans do all the work. They only help harvest fruits and vegetables like apples, oranges, peppers, onions, etc. Crops like Wheat and corn are not labor Dependant. This is where most staple foods come from. So stop being stupid and start learning your facts.
agree, for western countries in general human rights in China are very important to emphasise and so to distract attention from the violation of human rights in western countries itself.
I'm sorry but I do not believe this. China LIES about EVERYTHING. Just look at what they did with the Olympics? Building faces like a holly wood studio to make it look more appealing? They have a SEVERE inferiority complex. IF they sell off their American holdings, they are going to screw their OWN economy. They have been show several times to have improper accounting and practices that are not ethical in reporting their actual GDP. I'm not buying this. The bullshit flag has been flown.
@crackerwv - I do business in China, he's right. We got 5 years at best. 2015. Americans are really arrogant about the state of the worlds other economies, or those who don't actually participate in it.
@maceoremy I don't think the current power structure will exist in America past next year. Regardless of whether you work there, deal with the Chinese or whatever business you do, it's been PROVEN that China LIES about their GDP and use improper accounting practices. The FRB does this, too. The U.S. could EASILY be self-sufficient if we dissolved the FRB and cut ties with the U.N., the World Bank and IMF. They can all go to hell. We don't NEED the rest of the world to make this country thrive.
@davidlee110 Lol, no replies ty? Sorry but I can not help but to reply. The USSR and the PRC are different. Though they both communist in essence they have very different policies and foundations. But I could understand why Americans such as yourself would hate China.
@davidlee110 - Chinese are better capitalist than we are. When was the last Chinese company you did business with? The can do business in India, all parts of Africa, etc without sending one soldier. Can we, hell no. Wake up.
Comment removed
ConsultorPercos 2 months ago
This has been flagged as spam show
MAJOR ECONOMIES IN 2050 (PriceWaterhouseCoopers): 1.China 2.India 3.USA 4.Brazil 5.Japan 6.Russia 7.Mexico 8.Indonesia 9.Germany 10.England
ConsultorPercos 2 months ago
The longer the China crash awaits, the bigger the explosion will be.
sangolt88 3 months ago
Go China haha we will be the best New up rise deal with it America lol.
volure1 6 months ago
@volure1
I have doubts china will be as powerful as you think it will be. most of the chinese economy is supplied by western investments and it's these western investements that is keeping your economy booming, china is just slave worker to these investments, china does not produce anything of unique economic value and not to mention china would not be anywhere if it weren't for the west.
keep sewing my clothes commie.
Dimitri0809 1 month ago
China already world's largest economy , unlike U.S r based on comsumption and service related based GDP. China is production & export based
Beside,
U.S has nagative debt of 64 trillion on balance sheet
fdoca 7 months ago
@fdoca
Yes and the USA is worth alone 280 trillion in assets. USA will stay no 1 in the next 100 years.
Dimitri0809 1 month ago
Remember China has 1.3 billion people to feed. It's still poor on average even if it's GDP is twice than the U.S
90Lyka 9 months ago
This has been flagged as spam show
The Most Powerful WEAPON the Jews have is the JESUITS, they started the JESUITS in 1526, see JESUIT OATH 1540 it Matches The PROTOCOLS ELDERS of ZION make Copies pass them Out
They have CONTROL of the METHODIST CHURCH its in the CONGRESSIONAL RECORD see Methodist Professor Harry F Ward
Have the WORLD DRUGGED with a TOXIN in their BRAINS deliver thru Soft Drinks, its HEXAFLUORSICILIC ACID see them change the Name to Sodium in film PROFESSIONAL PERSPECTIVES at wwwFLUORIDEACTIONnet & ALERTorg
deadadelta 9 months ago
I can max out my credit card and look rich too...everyone can.....but it is stupid
edwardtang1977 9 months ago in playlist 福
When the crunch comes I guarentee China will do what Margaret Thatcher did in the UK, sell off the nationalized infrastructure to for-profit corporations for quick money. They're already halfway Capitalists, it's not like their leadership's Communist "morals" would get in the way of cash. It's a shame the only way China will ever see liberty is by overthrowing the 300+ million Communists.
Well... "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."
kensei85 10 months ago
@kensei85 Not to argue as I am trying to debate your point. One has never been a democratic country. It has been under totalitarian rule for over 5000 years and that will not change. If you or others can prove we have been at any point in history, I am eager to hear. Going forward, we will not be Democratic either. Opeining up in trade and business means nothing from a political perspective. Our past dynasties have always done it. As for bribes and sucking up to cash, really? Continued
arodspecialist 8 months ago
@kensei85 As you mentioned, that problem existed for Brits, not China. In the old Mao days, you would get executed just for mentioning selling off national interests to private organizations. Today is no different, but without the killing. Do some research and see that all 4 major banks in China are still owned by the state. It is an illusion of capitalism when it is actually relaxed Communism (if it exists). US liberty has dragged them down to last place globally in revenue. Continued
arodspecialist 8 months ago
@kensei85 And the US allies are right there with them in the bottom 150-185. Too much liberty in the US has made them decadent. There is no respect to elders and communities, and the US are involved in costly projects and wars which equates to no real value domestically and abroad. $8 trillion between 2 presidents with $5 going for wars. In the old days, you would have gotten land and spoils, what did the US get? You know, we execute CEOS for embarrasing China in selling bad baby formula, US?
arodspecialist 8 months ago
Chinese are nice People,
Their Communist Regime sucks.
I can't Imagine a Free China with Millions heading to YouTube and Interacting with everyone like every other Country...
forgottenmemories63 1 year ago
@forgottenmemories63 The Communist regime isn't perfect, but so far it is the best for China.
1JesseW 1 year ago 2
@forgottenmemories63 Are you still thinking of the Communist regime that were led by the Russian leads and were forced to adhere to their visions? Or are you talking about hte Communist Party leaders since Deng Xiao Ping who risked their lifes against the military followers of Mao after his death to make changes to national policy, leadership, and economic reform? You can never imagine a free China because it will never happen. We were ruled with an Iron fist with open trade values for 5000yrs
arodspecialist 8 months ago
@forgottenmemories63 Not to offend, but I hope you are not one of the goofballs on here still watching 1960s Mao propaganda fims and think that is WHO we are today. We have the biggest economy, yearly revenue at +$256B avg, biggest dam, biggest military, and so forth. So Communist still sucks? BTW, we had a 150 years late start after all them European nations and Japan fucked us when we were weak. Revenge is a dish best served cold, and right now, you are only seeing the preparation part.
arodspecialist 8 months ago
The only good thing that will come out of China surpassing the U.S. is that all the hate towards the world's greatest power will pass on to China^-^
2010 = Fuck The U.S. fucking greedy selfish basterds.
2020 = Fuck China fucking greedy asian basterds.
tekn0f00l 1 year ago
@tekn0f00l Reagan Revolution,
Greenspan's Revolution,
End of Dollar System,
Theft of a Nation
excerpted from the book
Gods of Money
Wall Street and the Death of the American Century
by F. William Engdahl
dilbertgeg 1 year ago
FACTS....
By dollar amount the US manufacturing is greater than China and japan combined,please check if you doubt.....American company's make high end product where as the Chinese make products for the most part that are low profit goods...
ClarksonsinUSA 1 year ago
Multi-national corporations are so excited about China boosting it's own domestic economy. So what? Good luck competing with their directly supplied, cheap labor companies AND a protectionist government that's not going to let foreign companies take over. They can afford to hire their own scientists to make their own hi-tech goods and not have to worry about complaints about foreign patents. Whoooopdi doooooo!
brokencountry123 1 year ago
China's rise to prominence should not be a concern to the rest of world. China has not export hunger, revolution nor interfere in other natios' internal affair. China has established no military bases or stationed troops outside her own territory.
China has launched no war of aggression like some super power does.
TheWaffenssoberst 1 year ago
will thier be a bust in china?
omega4chimp 1 year ago
China's population is the largest...largest economy...economy of scale....scales weigh things...things can kill Americans...AMERICANS WILL BE KILLED BY CHINESE!! AHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!
JakeRichard72 1 year ago
The largest Manufacturer is still the US Accounting 20% of world's manufacturing. China is only 15% right Now. Your point may be more valid if China's manufacturing surpasses the US, which may happen in a few years. However a lot of the services US provides are actually very important, such as aerospace research & development.
bobxchen 1 year ago
@Ziopathical LMAO oh this just keeps getting better and better, Germany was forced into the war, according to Pat Buchanan huh? The pitchfork carrying dick told you that did he? You honestly believe that? Whos fault was it....let me guess the JEWS right? Please tell my HOW germany was forced into war? I cant wait to hear this
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
WW2 history is a joke, A BIG LIE ! and you know it !
envanje 1 year ago
@envanje Just because your mommy was spreading her legs for the Nazis dosent meen the rest of your country liked them, STFU sympathizer
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
you are an asshole !
envanje 1 year ago
@envanje And you live in Belgium and are taking the Nazis side? LMAO Did your mom get her head shaved as a collaborator after the liberation? Just curious...then tell us all the lies in ww2 history....want too hear it form a traitors families side.... BTW my great Uncle and his friends liberated your country,,,,,your welcome
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
my parents were a-political and so am I.
the women who had their had shaved were merely the victim of halfhearted nazi collaborators who only changed sides at the ultimate moment to avoid vengeance upon themselves. to beware themselves for that they formed mobs that harassed women who during wartime fell in love with a german soldier or often just to settle an old neighbour disagreement.
cont.
envanje 1 year ago
@TheRetiredtrucker
my father was forced to labour as a POW for 15 months in Germany. my parents fled two times for heavy fighting, once when the germans took over, once when british - polish - canadian troops took over. when they returned the first time to their home nothing was stolen, when they returned the second time everything was stolen.
my parents never forgot to see the passing soldiers as vulnerable human beïngs, no matter in what uniform they were dressed.
envanje 1 year ago
@envanje So once again tell me what part of the ww2 history was a big lie? Your evaiding the question
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
your question is too stupid to be worth an answer !
envanje 1 year ago
@envanje So you have no point to make huh?thought so
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
grow up.
envanje 1 year ago
Ok everything I own comes from china But they do not have quality companys? They have copied every record every piece of clothing every Rolex and they pay no royalties and not a care about pattens. They have tons of gold, silver, coal, oil etc etc and can use it. We have 200 trillion of dept and cannot use our resources and the smartest people in the country the baby boomers are leaving the main stream to retire. We have tens of millions of un educated Mexicans to replace them. What a joke.
CJBnow 1 year ago
in an old agreement the "peoples republic of china" was promised it would take "hong kong" over from "britain" at the end of the 20th century.
so it happened but what was not expected was that "hong kong" took over "china" in a "trojan horse operation".
envanje 1 year ago
China's economy is a third of the size U.S.. If the U.S gets out of the dumb ass wars, build more nuclear plants and stop giving to other areas in the world China will never catch up
assoonas1 1 year ago
The problem of China, the US and the world as a whole is that those idiots in power will kill any good idea that might affect their position.
envanje 1 year ago
Chinese are quickly using up their forces. Soon America will need to produce itself again. Good remedy for that is "justice and equality" for all. Yes, labour should be well remunerated and wealth divided on a justified base.
envanje 1 year ago
@AngelWillGetYouBitch
I just want to say how stupid you are.China sacrifice himself to provide cheap and low profit productions.you regard china as enemy.
yantaoRM 1 year ago
@yantaoRM
China does not sacrifice itself at all !
Better change your statement this way :
The happy few rich Chinese sacrifice the overwhelming majority of poor Chinese to provide the world with cheap and low profit products.
Maybe you can add also : "including human organs".
What's wrong with you people ?
envanje 1 year ago
@envanje
Poverty in China is getting less. They are not poor anymore. Don't compare your salary with theirs. In China, with Euro 500 a month has a better life than Euro 1,500 in Europe.
If you have Euro 1,500 a month in your country, and your brain is like a size of a tennis ball, then you will think that Chinese are being paid so so so cheap. In fact, they live better than you there.
halim181276 1 year ago
@halim181276
your brain must be the size of a peanut for proclaiming figures have anything to do with life quality. Probably you also invented the warm water.
communism or capitalism, the chinese still work themselves out of the nail, so what is the difference to them.
envanje 1 year ago
@envanje
I don't understand these words, can you bring it out lighter.
halim181276 1 year ago
@envanje
Chinese workers sacrifice themselves to produce excellent products that us customers buy at dirt cheap price. During the process of manufacturing chinese worker cope with pollution. Americans should be grateful to Chinese for dumping their pollution to china.
TheWaffenssoberst 1 year ago
@TheWaffenssoberst
are you a Chinese worker yourself, I mean someone who is really working 12 hours a day for 300 $ a month, sleeping on the factory floor at night and coping with the polution yourself ?
if not, you are not qualified to speak in the name of Chinese workers.
envanje 1 year ago
@envanje so u know?
xiexie711 1 year ago
@TheWaffenssoberst In America, we are paying full price for those goods. Wal Mart says its a great deal and stupid Americans belive them.
rickbar123 1 year ago
Communism under Mao was a mess, but he did what he thought was right in keeping ancestral lands cheated away by foreigners through re-invasion and by force if necessary. However, his successors all did the opposite as they knew the USSR-type of governance will not work. We are opening up my friends and we are far from perfect. However, reserve your bashing please. Until the US starts executing CEOs for making fatal mistakes which kills consumers, then you can judge us on human rights. Thank you.
arodspecialist 1 year ago
@arodspecialist
nice to meet a Chinese with who I can agree !
envanje 1 year ago
To all. I am not here to convince you about China being good or bad or is the biggest or smallest in anything, but to merely state facts and hope you understand. China has been an arrogant nation for thousands of years. That arrogance did us in with foreigners who pretended to be friends only to have exploitation and domination in mind. For the last 200 years, China through an Oxford Study in 2007 (OXDE:235L) lost approx $4.3T in assets and 92.45 million in lives due to foreign intervention CONT
arodspecialist 1 year ago
China success is due to slaves labor or to be more polite "Sweatshop",that obvious,the US did the same thing with the Black the only different is the Chinese government pay they peoples a minimum wage.
GamerRangerX 1 year ago
@GamerRangerX
You can't compare salary in western to those in developing countries. Wages in China are still more than those in India, Vietnam, or Indonesia.
US$300 a month in China has a better life than US$2,000 a month in western countries. It's not that they pay minimum wages there, but the truth is that the cost of living in your country is too high.
halim181276 1 year ago
@Ziopathical Nice wallpaper on you site, so i see your an anti semite loser, so how did we force germany to make either of its decisions to enter a war, tell me? How did we entice the Keizer or your obvious hero Hitler to go to war? Enlighten me about the actual history....escape the clutches you make me laugh dick. Tell us how germany was the victim while it invaded it neighbours and set up the camps..... you probably claim rape victims had it coming too right?
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
Oops, I first thought your nick was TheRetiredfucker LOL !
envanje 1 year ago
Its time to end imports from China. We need to find a Gov that will stand up to to importers. Its time to save America.
rickbar123 1 year ago
@rickbar123
Ending imports from China, will not save America, but will put America into deeper crisis. Why?
Because when you end imports from China, the first things that are going to happen in USA : a roll of toilet paper = $50, a piece of working T-shirt = $100, the cheapest dining table = $2,500, etc. These will trigger people demand for higher wages, and US' products will become too expensive.
Then China will also ends import from USA, and your exports will plunge.
halim181276 1 year ago
@halim181276 A few facts. In 2006 America let in 256 billion worth of goods from China. China let in 56 billion of goods from America. A TV made in America sells for 500 on the shelf and cost 350 to make. The worker has health care and a living wage. The same TV made in China is made for 50 bucks yet sells on the same shelf for 500 bucks. The worker made nothing. Dont buy Wal Marts bullshit.
rickbar123 1 year ago
@halim181276 A good portion of the 56 billion was raw goods. Coal, wood, ore.
When America ends imports (it will happen) only Wall Street and the Mall owners will cry. The worker will rejoice.
rickbar123 1 year ago
@rickbar123
Most China imports are technology products, and US' imports are cheap products, which can't be produced in US because will be too expensive.If you stop imports from China,then the companies (wal mart to wall street) will import from India, Vietnam, or Taiwan, etc. That won't save you, it's just a shift from China to other third-world countries. Otherwise you put down the liberty statue and force all US companies not to produce elsewhere but only in US.
That's the risk of capitalism.
halim181276 1 year ago
@halim181276 What China imports from the USA is made in China. USA owned plants in China, making goods with low cost labor. If you think China is still making "cheap products" then you know little of China. Nothing made in the USA is too expensive. Goods are made with cheap labor so the scum on Wall Street can get rich. The USA made its own goods for years and did just fine.
rickbar123 1 year ago
@halim181276 Wal Mart already puts pressure on labor in China to work cheaper. So much so that Wal Mart is not allowed in some factorys. The days of Wal Mart are comming to an end. Its a matter of pain. At some point the worker in America and their familys will demand massive changes to trade policy. How much pain the masses are willing to take (unemployment, decrease health care) will dictate when it happens.
rickbar123 1 year ago
@halim181276 A shift to another piss poor labor market for goods would be just more of the same. US companys can make goods anyplace they want. The goal will be to prevent their sale in America. New companys will fill the old shoes. The faster America gets flushed down the toilet, the faster we will see import law changes.
rickbar123 1 year ago
@rickbar123
You sound like a socialism. Look, what you want, which is to close all imports door (not only from China, but the whole third-countries), is a very inappropriate way of business. You just considering a selfish advantage to yourself, but you never consider what will happen to other companies that have businesses in developing countries (mcdonald, kfc, GM, ford, etc). This will trigger a trade-war, and will deepen further the world economy crisis, then banks and shares will collapse.
halim181276 1 year ago
@halim181276 America has trade deficits with every country on earth. America has already lost its footing when it comes to trade. Hit the books kid. Less radio.
rickbar123 1 year ago
@rickbar123
The problem here is that America has a big consumption, and the cost of production is too high. In one way, they can't produce cheap daily products (shirt, shoes,etc) compare to third countries; but the other way, their hi-tech products also can't compete with those from German or Japan.
America is only good in making weapons and movies. So if the import stops, cost of living will go up, export plunge. And people like you, who only know how to complain, will keep complaining again.
halim181276 1 year ago
@halim181276 Your comments show a lack of understanding. You have a view of trade that means nothing. Your knowledge of Wall Street and why jobs move offshore is ZERO. Your knowledge of trade is Zero. I can turn on the Radio and hear your veiw all day. A view that is paid for by the Multi-Nationals, Wall Street and the Chinese Lobby on K Street. Like I said - Hit the books kid. Less Radio. Agenda is not opinion.
rickbar123 1 year ago
@rickbar123
You are too smart that you wanted to change the ideology of your country. Are you trying to be hypocrite, double standard? What you wanted, were all against the capitalism. Free trade? You wanted a protected trade. When you can't compete with other countries, all you can do is shouting to your government to clear the way for you; Instead of improving yourself.
You sound like hating those wall street guys. Remember, they also pay tax like you, and i think they pay way more than you.
halim181276 1 year ago
@halim181276 I will go to work today and ask my boss to cut my pay to 300 a month, increase the work day to ten to twelve hours, increase the work week to 6 days, stop all medical benfits, remove all safe guards from the equipment, dump tons of toxic waste into my drinking water and maybe if I am lucky the Boss will let me sleep on the factory floor tonight. America does not need this RACE TO THE BOTTOM!!!
rickbar123 1 year ago
@halim181276 its called cheap labor. And since Chinas people are getting a taste of the good life thier edge is quickly going away.
Americans can build anything and since people are getting a wake up call they will be doing it again.
assoonas1 1 year ago
@assoonas1
It's true that American can build anything, but the question here is that can they build cheaper than China, or better than German or Japan?
You call it cheap labor, because labors in USA earn $3,000 a month. Labors in China earn $800 a month. But remember, in USA a lunch will cost $6, while in China only $1. So you need to take out the quality instead of quantity in the comparison.
halim181276 1 year ago
@halim181276 I dont think anyone builds or can build anything better then Germany.
But there is no way China can continue to build with the cheap labor. Its simple just think about it when a someone sees there neighbor getting nice items they want it to. You go and ask for a raise or in the Chinise case you kill yourself.
They got where they are at due to cheap labor its that simple and it will soon be gone.
assoonas1 1 year ago
@assoonas1 its idiotic to see China's economy as "cheap" labour. biggest population=the biggest domestic market. CHina's regulated state capitalism means that targets are meet with efficiency. China is the top 10 exporter in ICT and high-tech sector. yes Chinese companies are less innovative than other developed countries' but this is only a stage of development. China's car maker Geely bought Volvo it will not be long when Chinese cars will be quality heavy and innovative car producers
obsidianstatue 1 year ago
@obsidianstatue its idiotic not to. China has huge cheap labor you can throw whatever BS you want to its a fact. China's econmy is a 1/3 of the U.S. but growing at a rate that is unreal. They are the Big Red Machine that part is true.
assoonas1 1 year ago
@assoonas1 unreal? China's advantage is not ONLY that China has a hunge working force also China has a well regulated system that is the most efficient which obviously scared u so much calling it "unreal" China also has one of the world's most robust industrial foundations and infrastructures. in a few years time China will have comparative advantage in both quality and quantity.
obsidianstatue 1 year ago
@obsidianstatue huge cheap labor force that is slowly becoming not so cheap. I'm sorry I confused you into thinking I'm scared but that simply is not the case.
China is great and there is little any country can do about that. The only issue I have is when people come on here and bash the country that is still the largest econmy in the world even with all its problems.
I wish the best for China and the U.S.
assoonas1 1 year ago 14
@assoonas1 its ingnorant to say that China is going to sit still and do nothing while losing its comparative advantage in cheap labour(which is not, there are tens of millions of interior CHinese who would supply the huge labour force). we are already seeing the transition from cheap labour to high tech export(electonic products, car making, weapons export..etc) in years to come China will have the advantage in cheap labour from interior CHina with high tech exports in the coastal regions.
obsidianstatue 1 year ago
@assoonas1 the problem with america is its unregulated market where greedy corporations are free to lobby the government, and privatize the profit and socialize the losses. its this nature of usa economy that is the problem where greedy capitalist will do anything in their power to seek maximum profit while disregarding the welfare of the people. detroit the rust belts of america is a good sign that says "greedy capitalist has been here"
obsidianstatue 1 year ago
@obsidianstatue On this one we are on the same page. I'm from that area and seen my fair share of good times as well as the bad that we are facing. Greed and over paid unions have caused the down fall of Detroit. You can not compete when you are are paying a man $34 a hour to put a screw and all day. We won't even talk about the crazy retirement package.
assoonas1 1 year ago
@assoonas1 Dear Youtuber, I must commend you on your perspective and professionalism. US certainly have their econoic and political woes, but they still lead in many industries which China can learn from. As a Chinese citizen who also have an American citizenship (by marriage) I can say throughly enjoyed the hospitality that both countries have shown and provided me. Idiots love to compare, but rarely know history and circumstance. This world's small so lets hope we can achieve good for all.
arodspecialist 7 months ago
@halim181276 Labors in China at a Toyota plant that just finished a strike now earn 300 a month. That is a high wage. 800 is a dream figure. The 300 a month is at a "Front Factory". The labors at the factorys that do not get inspected earn less.
Hit the books kid. TURN OFF THE RADIO. You cant run with the big boys if you have not done your homework.
rickbar123 1 year ago
@rickbar123
Toyota is not the only factory in China. Strike happens everywhere. We have to speak generally. Nobody dumps toxic waste in drinking water. I have a business in China. What you talk about here, is what you hear from CNN, just like CNN told American last time that there were WMDs in Iraq.
Listen, wages in China is one of the highest in developing countries. You can't compare to US. Developing country must be compared only to other developing country.
halim181276 1 year ago
@halim181276 1- I know there are more factorys than Toyota. 2- I know China has lots of strikes. 3- I do not watch CNN. 4-Wages start at the bottom, any increase is a
plus. That does not change anything. Americans do not need to destroy the social contract to compeat with China.
rickbar123 1 year ago
@rickbar123
Even in Britain today, strike is still happening in British Airways. It has happened for months. The strikes in China have ended. In your opinion, is very simple. When you see one river in China is polluted, then you will claim that the whole water in China is polluted. When you see one or two factories in China have strikes, then you claim the whole labors in China have problem.
Try to go to China, and it will open your mind and vision.
halim181276 1 year ago
@halim181276 Its not about China. Its about American CEOs using overseas labor that has no social contract to increase profits at the expence of a Nation.
rickbar123 1 year ago
@rickbar123
That is CAPITALISM. They will shift the production everywhere in the world, where production cost is cheaper, and the politic is stable enough for their long term view; Then ships the products to where the demands are.
The only way to stop these people, is to change the ideology, then make a regulation for them, that YOU CAN ONLY produce things in US.
But that is a bad idea, very bad, cause every country in the world then will do the same. The world will become smaller and smaller.
halim181276 1 year ago
@halim181276 Capitalism is poison
rickbar123 1 year ago
@rickbar123 U are exactly right, but that's how it is. That's capitalism!
jdoramaking 1 year ago
@rickbar123
If you don't like wal mart, then don't buy things there. If you don't like a shirt from third countries which costs $20, then you can go to a shirt from the first world countries, like LV ($300), Gucci ($300), Hermes ($500), etc. Many choices for you. America has 400 million people, when you don't want to shop in wal mart, doesn't mean everybody must do so. That is the point from the statue in New York.
halim181276 1 year ago
@rickbar123
yes bring back manufacturing bases to US together with the pollution.
TheWaffenssoberst 1 year ago
@TheWaffenssoberst Thats why they manufacture in China. They dont want to pay for pollution controls here in America.
rickbar123 1 year ago
Chossudovsky is right in term productivities and the fact that US economy "GDP" calculation is a misnomer because US economy is 70% based on Consumption and the other 30% consists of services in government sectors and Wall Street "casino" derivitives. Thus the size of US economy is calculated as
GDC + GDS&G
(gross domestic consumptions + gross demestic spending and gambling)
But China ain't no. 1. Who wants to amass and hold trillions of yuans of RMB of communist money?
chapsroc 1 year ago
@VoNguyenGiap1
no one mentioned "people".
CN's GDP is low because they sell stuff at an extremely low price. which is the whole point of this video.
so, why dun u try watching the vid FIRST?
Ristar85 1 year ago
The United States is fucked! This idea floating around that we cannot possibly collapse because we're such vast consumers is absolutely batshit insane!!! China would be pretty damn ignorant to allow a country of consumers to owe them & lend them vast amounts of money & at the same time continue selling them products. That's like borrowing money from people every time a gift purchase for them is required, like mother's day, wedding, bday, etc...
This American illusion is about to collapse!!!
MrNeo2001 1 year ago
Comment removed
brightchin 1 year ago
Long live the People's Republic of China!
formatC99 1 year ago
@Ziopathical As opposed to rolling over on your back and spreading ffor your new german masters in 40 huh?
TheRetiredtrucker 1 year ago
the truth
LibertyPoet
website
campaign4liberty 1 year ago
China will never overtake America as the leading economic nation and defender of natural human rights.
mattlewis66 1 year ago
@mattlewis66 human right, brabrabra, thats is just disgusting, what american want do not equal to what we want.
brightchin 1 year ago
@mattlewis66 Hahahahahahaha!
CurtHowland 1 year ago
@mattlewis66 really? human rights? even I know that is BULLSHIT.
ptolemy008 1 year ago
@ptolemy008 Well Ptolemy despite your name you show little widsom. Slave labor, environmental abuse and forced abortions and sterilized are the hallmarks of the new China.
mattlewis66 1 year ago
@mattlewis66 Well who ever you are, you are severely misinformed of what China is really like. You have not even been to China I presumed. Quick judgment is the very sign of ignorance and gullibility. You even say that the US "upholds" human rights. Anybody who lives in the middle east will tell you the contrary. You really need to go to these places first before you make your judgment. And find other information sources because yours are misinformed or just plain lying, BTW it's Ptolemy 1 Soter
ptolemy008 1 year ago
the science of economics is a disaster. the measure of the physical economy doesn't exist as far as I know. It's the physical economy stupid! Of course China is the largest physical economy in the world.
jkt626 1 year ago
china manufactures and produces. they have millions of slaves. they have deca millions of men that they have no use for. The USA govt sold it's people and its country out. To even speak of war with china is stupid. They won it a long time ago through stealing, bribing and spying. Plus, the USA govt gave the store away.
for example, china refines the isotopes and elements used in many "american" high tech weapons. USA has no such facilities. war? all china has to say is no and usa has nothing.
biozamadotcom 1 year ago
Well, considering they use essentially slave labor, and our labor unions are beyond corrupt, demanding huge benefits and paychecks for doing menial labor. It is pathetic really, how much our unions handicap our economy.
angelmarine1292 1 year ago
@Ziopathical
As a majority owner of US tbills, china owns the US now. The US economy will collapse if Iran is attacked.When the dollar collapses the creditors will come collecting. China lending the US credit was purely a business move. The US invested in china during the 80's to take it over. China learned a lesson and did the same to the US. China can destroy the US just by dumping their tbills and wind up with ownership in bankruptsy court.
BabyJustWin 1 year ago
@Ziopathical Dittos!
jimbobubbadj 1 year ago
What is manufactured and how many commodities the country holds in my view determines its GDP. Printing money out of thin air does not count as it is fake.
jimbobubbadj 1 year ago
Ha! By 2020 China will be deadlocked in world war III with Russia over Siberia and the Far East, while the USA will make a bundle selling weapons to both parties.
sinitskyd 1 year ago
And the Second Cold War begins in 3...2...1.
TheCanadianLeninist 1 year ago
no mention of the real estate bubble happening in china?
straty01 1 year ago
I wonder whether if CEOs in America are still paid by the hundreds of millions in year end bonuses, it makes my knees and legs go numb and wobbly.
fsxmantra 1 year ago
@fsxmantra
normal handling of crisis is that after a screening of the credibility of banks the CEO's get even paid more afterwards as the scandalous bonuses they already got before.
envanje 1 year ago
Hmmm... time to consider learning Mandarin Chinese and hanging up the red flag...
xxReaverXXCerberusxx 1 year ago 2
@xxReaverXXCerberusxx Also the PRC is also the second strongest military power now leaving the Russian Federation in third if there were a conventional war, we'd be sort of on the same level since the U.S. has quality manufactured vehicles as well as aircraft and the PRC has quantity over quality and higher production output, but what are the odds of that happening after all our economies are mutualistic and winning only depends on whose got better strategy, or willing to push the big red button
xxReaverXXCerberusxx 1 year ago
Half of the United States economy is finance which is actually worthless.
klard 1 year ago
China for world domination!
Happyspancer 1 year ago
I...am...not a consumer, I am a human being.
phfrankh 1 year ago
China's economy as No. 2: How it's playing in Japan
August 17 ,2010 Some Japanese hope the news that China's economy has bumped Japan's as the world's second largest will serve as a wake-up call.
Video: Chossudovsky: China could already be world's largest economy
China to dominate in 2030? Maybe not.
1-800-270-2928 GOVERNMENT MORTGAGE RELIEF
88888FORCE 1 year ago
If world's largest economy has anything to do with what country gets to police the world, then I'm not worried. Rather China that the US. Hell, rather North Korea than the US. :D
piip4 1 year ago
@piip4 ....
not funny at talal
you rather NK govern then US
?
AgrivatedKillah 1 year ago
@AgrivatedKillah
I'd prefer nobody be putting their nose where it doesn't belong, but of course the US would be better than NK if I have to choose one. Don't trust the US very much though for their dark history.
piip4 1 year ago
@piip4 What part of their dark history are you refering to? The part where the americans helped defeat the Nazis when you were occupied in ww2? Typical ungrateful eurotrash douchbag
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
You don't know much about US history! Your arrogance and greed are your downfall. When china becomes top dog it won't bail your ass out anymore, nor will anyone else for that matter. The US built china and allowed itself to burn! You're a slave and don't even know it!
BabyJustWin 1 year ago
@BabyJustWin Well if im a slave better look at the yoke around you neck lol
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
Canada is one of your creditors dumbass! Thanks to clinton bush and obama your tbills are backed by all your resources! When your dollar collapses, us creditors will come collecting! If you're nice maybe we will let you shine shoes! If not, Masta says you will be a ditch digger!
BabyJustWin 1 year ago
@BabyJustWin Ah...Im Canadian ya moron....
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
Yeah, that's the one. :\
Obviously you're not interested in a serious debate if you come with arguments like that, and why the insult? Hard to accept your country having a dark history?
piip4 1 year ago
@piip4 Tell me what dark history my country has then?
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
I'll mention a few but I'm surprised I have to do that. Is the education so lacking there?
Pretty much everything about Vietnam and the current reminiscent war. "Bay of pigs", Iran coupe 1953 (dictator installed), Guatemala 1954(same), Indonesia 1964(same), Cambodia 1970(same), assassination of pres. Lumumba, political scandal after scandal yet perpetrators run free (aka lawlessness). Need I mention TORTURE? Hard to find a country with more dark history yet so young...
piip4 1 year ago 5
@piip4 What about Vietnam? When has my country been accused of torture? What did we have to do with the revolution in Iran or the attempted removal of Castro? Your pulling these accusations out of your ass? Telling me I need an education, your a lil confused yourself
TheRetiredtrucker 1 year ago
@TheRetiredtrucker
I'm not confused anymore. I thought I was still debating the united statetian. You butted in and I didn't check that the nick had changed and now you're just playing along with it. Possibly because you wanted to make some point about the "ass pulling". That's great and all, but I was trying to be more serious.
piip4 1 year ago
@piip4 You need to get off Chossudovsky's dick. Did he forget to tell you about how Eastern Europe, North Korea, Venezuela and Iran are raped by communism? Did he also forget to tell you about how China imprisons political dissidents like Liu Xiaobo? No? Of course not, you're too busy sucking him off.
Xwaxtaxper 1 year ago
@Xwaxtaxper
That's why I love the internet, everyone is so pleasant to talk to. Nobody seems to be able to make a point without throwing an insult or two in the mix. It's funny that. I was once like that but I'm trying to change.
piip4 1 year ago
At this point, anyone can pass the US economy. We are TOTALLY busted. Most Americans are so dumb down and programmed they have no idea what is going on. The rest of the world knows it is over for the US, but the bankers still print worthless paper and the government keeps sucking the marrow.
Whorulesnow 1 year ago
well, if America falls, then China is going to suffer a HEAVY hit in GDP and production.
videogamer002 1 year ago
@videogamer002 I ALREADY TOLD YOU
IT WILL NEVER FAIL!!! >:(
davidlee110 1 year ago
NO REPLYS
if so, your blind.
davidlee110 1 year ago
@davidlee110 No editing either?
NO REPLIES, if so YOU'RE blind.
Just messing with you. :)
crackerwv 1 year ago
@crackerwv LOL!
davidlee110 1 year ago
It's funny to hear about "Chinese slave wages", human rights, etc. Well how do you think most Western nations' economies function? Why do you think they still let in immigrants?
The USA uses Mexican illegal immigrant slave labour to grow their GMO foods which you chumps gladly eat up and are dying of. Boycott for your own good American food. There are constant food safety recalls in the USA. The USA uses literally millions of chemicals in food that are BANNED everywhere else in the world.
harveybirdmannequin 1 year ago
@harveybirdmannequin Mexicans only harvest the food..... May U.S. immigrants are Doctors, professors, teachers, and other labor workers. You are so foolish to feel that Mexicans do all the work. They only help harvest fruits and vegetables like apples, oranges, peppers, onions, etc. Crops like Wheat and corn are not labor Dependant. This is where most staple foods come from. So stop being stupid and start learning your facts.
EdyPegasus 1 year ago
@harveybirdmannequin
agree, for western countries in general human rights in China are very important to emphasise and so to distract attention from the violation of human rights in western countries itself.
envanje 1 year ago
@harveybirdmannequin Yep I hate GMOs but they made it illeagal to to get other things rthat wont kil me
singlaprety12 1 year ago
China? really? Germany make more Adidas! Oh wait...
kingjamescorona1 1 year ago
I'm sorry but I do not believe this. China LIES about EVERYTHING. Just look at what they did with the Olympics? Building faces like a holly wood studio to make it look more appealing? They have a SEVERE inferiority complex. IF they sell off their American holdings, they are going to screw their OWN economy. They have been show several times to have improper accounting and practices that are not ethical in reporting their actual GDP. I'm not buying this. The bullshit flag has been flown.
crackerwv 1 year ago
@crackerwv - I do business in China, he's right. We got 5 years at best. 2015. Americans are really arrogant about the state of the worlds other economies, or those who don't actually participate in it.
maceoremy 1 year ago
@maceoremy I don't think the current power structure will exist in America past next year. Regardless of whether you work there, deal with the Chinese or whatever business you do, it's been PROVEN that China LIES about their GDP and use improper accounting practices. The FRB does this, too. The U.S. could EASILY be self-sufficient if we dissolved the FRB and cut ties with the U.N., the World Bank and IMF. They can all go to hell. We don't NEED the rest of the world to make this country thrive.
crackerwv 1 year ago
agree with the prof
GET REAL RUSSIANS TO HOST.
Not these ditzy brits.
cpgone 1 year ago
Well it looks like were all gonna end up migrating to China to get jobs...
AtlasTitanX 1 year ago 3
WRONG!!!
Japan will seak up China's ass.
China will never reach U.S.
China will crash in about 7 months.
Communist China will fail like USSR
NO REPLYS TY.
davidlee110 1 year ago
@davidlee110
china is less regulated than the usa in most sectors today. so if you call them communists, you should call yourself at least a socialist
Krampfarsch 1 year ago
This has been flagged as spam show
@Krampfarsch your blind?
davidlee110 1 year ago
@davidlee110 Lol, no replies ty? Sorry but I can not help but to reply. The USSR and the PRC are different. Though they both communist in essence they have very different policies and foundations. But I could understand why Americans such as yourself would hate China.
ptolemy008 1 year ago
@ptolemy008 you blind!
davidlee110 1 year ago
@davidlee110 I see you
ptolemy008 1 year ago
@ptolemy008 can you read?
davidlee110 1 year ago
@davidlee110 yes but I can't resist.
ptolemy008 1 year ago
@davidlee110 - Chinese are better capitalist than we are. When was the last Chinese company you did business with? The can do business in India, all parts of Africa, etc without sending one soldier. Can we, hell no. Wake up.
maceoremy 1 year ago
@maceoremy every comment you say is BULLSHIT